The most important skill of the future will be the ability to learn and adapt. You need to be resourceful, keep your eyes open for advances coming out of nowhere, and embrace the new opportunities as they emerge. You need to be able to collaborate with others and build relationships. You need to be able to share ideas, inspire, and motivate.

Business executives need to start by spelling out and communicating their values. Then they need to lead by example. This means getting rid of the bad apples and declining opportunities that bring instant wealth at the cost of selling one's soul.

Doing the right thing doesn't always bring success. But compromising ethics almost always leads to failure.

A key ingredient in innovation is the ability to challenge authority and break rules.

Most business schools are geared toward churning out investment bankers and management consultants.

Almost every profession I look at where you require human labor or you require intelligence, I see computers being able to do better than us within the next 10 years. I'm talking about a mass replacement of humans with artificial intelligence and robots.

Corporate executives and business owners need to realize that there can be no compromise when it comes to ethics and that there are no easy shortcuts to success. Their companies need ethics carefully sewn into their fabric.